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  5. MLC MKPF - Platinum Asia Fund - Managed fund profile

MLC MKPF - Platinum Asia Fund - Managed Fund

Fund Objective
To provide capital growth over the long-term by investing in undervalued companies in the Asian region excluding Japan.
Fund Strategy
The fund primarily invests in the listed securities of Asian companies. The fund will ideally consist of 50 to 100 securities that Platinum believes to be undervalued by the market. Cash may be held when undervalued securities cannot be found. Platinum may short sell securities that it considers overvalued. The Portfolio will typically have 50% or more net equity exposure.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.8% 13.93% 10.82% 20.59% 19.42% 2.79% 7.3% 7.95%
Growth return 1.8% 13.93% 10.82% 20.59% 19.42% 2.79% 7.3% 7.95%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (MSCI AC Asia Ex Japan NR AUD)
Total return 1.05% 5.14% 10.56% 23.7% 19.09% 3.22% 5.68% 7.81%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MLC MKPF - Platinum Asia Fund
International Equities
98.10%
Cash
1.90%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
International Equities
97.07%
Cash
0.65%
Property
0.11%
Fixed Interest
2.17%

General Information

Fund Details
Type Description
MLC MKPF - Platinum Asia Fund
NULIS Nominees (Australia) Limited
MLC0851AU
Equity Asia Pacific w/o Japan
starstarstar (as at 31 Oct 2024)
Allocated Pension
2 Jun 2008
$18.08 million (as at 31 Oct 2024)
$39.87413 (as at 21 Nov 2024)
$39.75467 (as at 21 Nov 2024)
Open
Offer information
Type Description
Standard entry fee 5%
MER 1.63% (as at 1 Oct 2024)
Indirect Cost Ratio (ICR) 1.81% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2024)

Holding (as at 31 Jul 2024) Type % of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd Equity 9.40%
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FAQs about the MLC MKPF - Platinum Asia Fund

The objective of the MLC MKPF - Platinum Asia Fund managed fund is To provide capital growth over the long-term by investing in undervalued companies in the Asian region excluding Japan.

The strategy of the MLC MKPF - Platinum Asia Fund managed fund is The fund primarily invests in the listed securities of Asian companies. The fund will ideally consist of 50 to 100 securities that Platinum believes to be undervalued by the market. Cash may be held when undervalued securities cannot be found. Platinum may short sell securities that it considers overvalued. The Portfolio will typically have 50% or more net equity exposure.

The APIR code of the MLC MKPF - Platinum Asia Fund managed fund is MLC0851AU.

MLC MKPF - Platinum Asia Fund’s total return last month was 1.8%. This was made up of a growth return of 1.8% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MKPF - Platinum Asia Fund’s total return for the last three months was 13.93%. This was made up of a growth return of 13.93% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

MLC MKPF - Platinum Asia Fund’s one-year total return is 20.59%. This was made up of a growth return of 20.59% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

MLC MKPF - Platinum Asia Fund’s one-year total return is 2.79%. This was made up of a growth return of 2.79% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the MLC MKPF - Platinum Asia Fund managed fund is :

International Equities
98.10%
Cash
1.90%
Property
0%
Fixed Interest
0%

The Responsible Entity for the MLC MKPF - Platinum Asia Fund managed fund is NULIS Nominees (Australia) Limited.

The MLC MKPF - Platinum Asia Fund managed fund belongs to the Equity Asia Pacific w/o Japan sector/asset class.

As at 31 Oct 2024, the size of the MLC MKPF - Platinum Asia Fund managed fund was $18.08 million.

The MLC MKPF - Platinum Asia Fund managed fund has an inception date of 2 Jun 2008.

The current entry price of the MLC MKPF - Platinum Asia Fund managed fund is $39.87413 per unit and the current exit price is $39.75467 per unit (as at 21 Nov 2024).

The current exit price of the MLC MKPF - Platinum Asia Fund managed fund is $39.75467 per unit and the current entry price is $39.87413 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the MLC MKPF - Platinum Asia Fund managed fund is $1,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.